ivanwolfgang

Long on $AAPL

Long
ivanwolfgang Updated   
NASDAQ:AAPL   Apple Inc
I've been burned by AAPL far too many times in the past, but negative bias aside this looks like a convincing setup that checks a few boxes for me.

1. We have a MACD crossover to some positive momentum
2. Consistent demonstrated support on the 50 day ma
3. Some consolidation after breaking out of that descending channel, looks like a good platform before takeoff

Comment:
I love when literally the next candle is my breakout.
It tried so hard, and got so far, but in the end... tuckered out just over 201 with a pretty hard rejection.
Trade closed manually:
lololololol

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